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i. The Union Cabinet has approved the revamped
Khelo India program at a cost of Rs.1,756 cr for the period 2017-18 to 2019-20.

ii. The Programme aims at mainstreaming sport as a
tool for individual development, community development, economic development
and national development.

iii. An unprecedented Pan Indian Sports Scholarship
scheme, which would cover 1,000 most talented young athletes. This is the 1st
time ever that a long-term athlete development pathway would be made available
to gifted and talented youngsters to excel in competitive sports.

iv. The Program aims to promote 20 universities
across the country as hubs of sporting excellence, which would enable talented
sportspersons to pursue the dual pathway of education and competitive
sports.

2.WORLD TRADE TO GROW AT HIGHER 3.6% IN 2017: WTO

i. World trade in goods is estimated to grow at a
higher 3.6% in 2017 compared to 1.6% increase in 2016, according to revised
estimates circulated by the World Trade Organisation.

ii. Growth in global trade was earlier projected at
2.4% in 2017 by the WTO, which attributed the improved outlook to a resurgence
of Asian trade flows. This was mainly due to intra-regional shipments picking
up and a recovery in import demand in North America.

3.INDIA REPLACES CHINA AS TOP RETAIL DESTINATION IN 2017

i. India has replaced China as the top retail
destination in 2017 as part of the global retail development index. The change
in ranking was an outcome of 4 factors including increased consumer spending
beyond essentials, rising mobile and internet penetration, favorable foreign
investment climate and bold action on cashless transaction and GST.

ii. In addition to the bigger retailers and brands,
the mid-size brands from across the world are also looking to cash on the
relaxed retail policy in India.

4.ZANNAH MUSTAPHA WINS UNHCR NANSEN REFUGEE AWARD

i. A Nigerian, Zannah Mustapha has won the UN High
Commission for Refugees 2017 Nansen Refugees Award. He is the Director of
Future Prowess Islamic Foundation School. Mr. Mustapha is the first Nigerian
recipient of the award.

ii. Mr. Mustapha was chosen as the winner of the
award for his humanitarian work in championing the rights of children.

i. The official emblem and slogan for FIFA Women's World
Cup France 2019 were unveiled in Paris, France. The emblem features the
competition trophy wrapped in blue and white, with eight shards of light around
football at the top of the trophy symbolizing the eighth edition of the FIFA
Women's World Cup.

ii. The slogan of the tournament "Dare To
Shine" reflects the development of football, especially women's football.

6.WEST BENGAL GETS $300 MILLION LOAN FROM ADB FOR FISCAL REFORMS

i. Asian Development Bank has approved a loan of $
300 million to carry out fiscal reforms in West Bengal to make public services
more accessible, affordable, and high quality.

ii. The reforms would be implemented in a period of
2 years. The reforms include linking medium term expenditure plans to actual
budgets, strengthening internal audit system and enhancements in the integrated
financial management system.

iii. The reforms also include improved tax
monitoring and support for information technology systems in tax and land
administration.

iv. Gross state domestic product is expected to
rise to 2.2 % by 2021- 2022 after these reforms.

i. Dr.Sekhar Basu, Chairman of Atomic Energy
Commission and Secretary of Department of Atomic Energy attended the 61st IAEA
General Conference held in Vienna, Austria.

ii. The 61st Annual International Atomic Energy
Agency General Conference is conducted at
the Vienna International Centre in Vienna, Austria.

iii. Representatives of IAEA Member States discuss
various issues in the Conference. Dr.Sekhar Basu announced that India is
collaborating with Russia to build the Roppur power plant in Bangladesh, at the
IAEA General Conference. This is India’s first atomic energy plant abroad.

8.B SAMBAMURTHY APPOINTED AS NPCI INTERIM BOARD CHAIRMAN

i. The Board of National Payments Corporation of
India has appointed of B Sambamurthy as interim Chairman of the Board.

ii. NPCI is an umbrella organisation for all retail
payment systems in the country. Sambamurthy has replaced Balachandran M.

iii. Prior to that Sambamurthy was formerly
Director and CEO of Institute for Development and Research in Banking
Technology and Chairman and Managing Director of Corporation Bank.

9.FINO PAYMENTS BANK LAUNCHES MOBILE BANKING APP – BPAY

i. Fino Payments Bank launched its mobile banking
app called BPay in India. BPay is an extension of its already existing wallet
in the same name that was launched in December 2016.

ii. This app enables simple, paperless and
convenient banking that allows customers to make bill payments, recharges, fund
transfers and buy insurance. It also allows customers to access wallet as well
as savings account, with a single login.

iii. Also, people can open Fino bank account from
BPay mobile app. More customer-centric features would be added to BPay in
future.

10.INTERNATIONAL
DAY OF PEACE: SEPTEMBER 21, 2017

i. The International Day of Peace is observed
around the world on 21 September. The General Assembly has declared this as a
day devoted to strengthening the ideals of peace, both within and among all
nations and peoples.

ii. The theme for 2017 is “Together for Peace:
Respect, Safety and Dignity for All.”

iii. The theme defines the spirit of TOGETHER, a
global initiative that promotes respect, safety and dignity for everyone forced
to flee their homes and those leaving in search of a better life.

iv. The International Day of Peace focuses on
engaging and mobilizing people throughout the world to show support for
refugees and migrants. It is about bringing people together and reminding them
of their common humanity.

OBJECTIVE
QUESTIONS BASED ON TODAY’S NEWS

Q1.
WHICH STATE HAS RECEIVED $300 MILLION LOAN FROM ASIAN DEVELOPMENT BANK FOR
FISCAL REFORMS?

a) West Bengal

b) Gujarat

c) Sikkim

d) Bihar

Q2.
WHERE DID THE 61ST IAEA GENERAL CONFERENCE HELD?

a) Budapest , Hungary

b) Vienna, Austria

c) Hamburg , Germany

d) Moscow, Russia

Q3.
TO WHICH ORGANIZATION B SAMBAMURTHY APPOINTED AS INTERIM CHAIRMAN OF THE BOARD?

a) NBTC

b) NACP

c) NPCI

d) NBCC

Q4.
LAWYER ZANNAH MUSTAPHA’S WAS AWARDED WITH UNHCR TOP UN PEACE PRIZE. HE BELONGS
TO WHICHCOUNTRY?

a) Austria

b) South Africa

c) Cuba

d) Nigeria

Q5.
WHICH OF THE FOLLOWING BANK HAS LAUNCHED ITS MOBILE BANKING APP CALLED BPAY IN
INDIA?

i.
Siachen is India’s highest and hardest battlefield situated at an average
altitude of 18,000 ft above sea level. Our Indian Army carried PM Narendra
Modi’s agenda of Swachh Bharat and make Siachen stays clean.

ii. It
is a logistics challenge to move all types of waste out of the glacier so that
these do not become an environmental hazard. Soldiers are at risk of getting
frostbite if their bare skin touches any metal object for more than 15 seconds

i.
Jharkhand Government launched the “Shaheed Gram Vikas Yojana” at
Ulihatu Village ,Khunti district of Jharkhand. BJP President Amit Shah
along with Jharkhand Chief Minister Raghubar Das launched the initiative.

ii.
The scheme aims at developing the villages of freedom fighters in the state. Ulihatu
Village is the birth place of freedom fighter and Jharkhand’s tribal icon,
Birsa Munda.

iii.
villages of many tribal freedom fighters will be developed and their habitants
will be provided basic amenities. Amit shah gave away gas connections, solar
lamps to some of the beneficiaries.

i.
Union Home Minister Rajnath Singh has launched first Intelligence Wing of
Sashastra Seema Bal and Welfare & Rehabilitation Board App in New Delhi
authorized to Protect the shared borders of India with Nepal and Bhutan. It has
been confirmed as the Lead Intelligence Agency for both the Indo-Nepal and
Indo-Bhutan borders.

ii.
SSB Director General Archana Ramasundaram informed that Intelligence Wing of
Sashastra Seema Bal is used to prevent criminals and smugglers from taking
advantage of the friendly borders with Nepal and Bhutan.

iii.The
intelligence wing will have 650 field and staff agents to gather information
about these borders frequently used by criminals and Kashmiri terrorists
returning from Pakistan.

2.INDIA EXEMPTS IMPORT DUTY ON GOODS FOR FIFA U-17 WORLD CUP

i.
The government announced that it has exempted import duty for sports items and
a wide range of goods for the upcoming FIFA U-17 World Cup India.

ii.
The following goods will also be exempted from the integrated tax levied under
the GST. All sports goods, sports equipment and sports requisites; team
uniform/clothing; fitness equipment; spares, accessories and consumables of the
same.

iii.
Broadcast equipment and supplies used in organising and during the event
imported by FIFA Host Broadcasters too falls in the exemption list.

iv.
India, as the host country, is automatically qualified for the FIFA U-17 World
Cup 2017. The 17th edition of the FIFA U-17 World Cup, has the slogan ‘Football
takes over’.

i.
PM Narendra Modi dedicated the Sardar Sarovar dam built on the Narmada river to
the nation at Kevadia in the Narmada district, Gujarat. The project was
accomplished by Gujarat government’s Sardar Sarovar Narmada Nigam Ltd.

ii.
This project is called as “Gujarat’s lifeline”. This project is a boon to the
country’s worst dry areas like Saurashtra, Kutch and North Gujarat and even few
districts of Rajasthan.

iii.
Four Indian states Gujarat, Maharashtra, Madhya Pradesh and Rajasthan will
receive water and electricity supplied from the dam. About 57% of electricity
produced from dam goes to Maharashtra, while Madhya Pradesh gets 27% and
Gujarat gets 16%.

iv.
The height of the dam was recently raised to 138.68 metres, which will allow
maximum ‘usable storage’ of 4.73 million acre feet of water and will greatly
benefit the participating States.

Wednesday, September 20, 2017

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ii.
This Regional Vocational Training Institute for women is the 1st of its kind in
Telangana. This would increase skill development opportunities for women and provide
them with job opportunities.

iii.
Minister of Petroleum and Natural Gas and Minister for Skill Development &
Entrepreneurship Mr. Dharmendra Pradhan, Minister of Home, Labour &
Employment, Telangana, Mr. Naini Narsimha Reddy, Deputy CM, Govt. of Telangana,
Mr. Mohammad Mahmood Ali and Former Minister of State for Labour &
Employment and Member of Parliament Mr. Bandaru Dattatreya were also present
during the occasion.

iv.
It was said that one RVTI would be set up in every state. Budget of Rs.19.95 cr
has been allotted for construction of building for RVTI-Hyderabad.

ii.
The policy main aim is to reduce pollution. The policy was formulated by the
Major and Medium Industries Department after consulting the stakeholders, including
vehicle manufacturing industries.

iii.
The key objective of the Policy is to maintain the lead share of Karnataka as a
preferred destination for attracting investments in manufacture of Electric
Vehicle and to attract investments of Rs 31,000 cr and create 55,000 jobs.

iv.
Amendments will be made to building by-laws for providing mandatory charging
infrastructure in all high-rise buildings.

v.
A special purpose vehicle will be created to set up charging centres across the
Bengaluru city. ‘Karnataka Electric Mobility Research & Innovation Centre’
will be set up to extend the necessary support.

i. Prime Minister Narendra Modi received his
Japanese counterpart Shinzo Abe at Ahmedabad in Gujarat. Mr. Abe is in India on
a 2-day visit to attend the India-Japan annual summit meeting. The 12th edition
of the summit will be held in Gandhinagar, Gujarat.

ii. PM Narendra Modi and his Japanese counterpart
Shinzo Abe laid the foundation stone of the 508-km long Mumbai-Ahmedabad
High-Speed Rail in Ahmedabad. The two leaders visited the Sabarmati Ashram
after Abe’s arrival in Gujarat.

iii. About the Bullet Train Project in Brief- It is
508-km long High-Speed Rail that will run between Mumbai-Ahmedabad. The cost of
the project is Rs 1,10,000-cr.

iv. The train which will have a top speed of 350 km
per hour will reduce travel time between the two cities to around 2 hours from
the existing 7 hours. The Project is scheduled to complete by December 2023. The
project is mostly on Japanese soft loan.

2.INDIA, BELARUS SIGN TEN MOUS

i. PM Narendra Modi met Belarus President Aleksandr
Grigoryevich Lukashenko in New Delhi and discussed various issues of mutual
interest of both countries. A number of agreements were signed in several areas
after the talks.

ii. Mr. Lukashenko’s visit was significant as it
took place in a year when Belarus and India are celebrating the 25th anniversary
of the establishment of diplomatic relations.

iii. Following Agreements/MoUs were signed:

1. MoU between the Ministry of Youth Affairs and
Sports of the Republic of India and the Ministry of Education of the Republic
of Belarus

2. Agreement on Scientific and Technical
Cooperation between Indian National Science Academy (INSA) and the National
Academy of Sciences of Belarus

3. MoU between the Ministry of Skill Development
and Entrepreneurship of the Government of the Republic of India and the
Ministry of Education of the Government of the Republic of Belarus for
Cooperation in the Field of Vocational Education and Training

4. Protocol amending the Agreement between the
Ministry of Agriculture & Farmer’s Welfare of the Republic of India and the
Ministry of Agriculture and Food of the Republic of Belarus signed on April 16,
2007.

5. MoU between Indian Council of Agricultural
Research, India and Belarusian State Agricultural Academy, Gorki, Belarus for
Cooperation in Agricultural Research and Education

6. Programme of cooperation between the Government
of Republic of India and the Government of Republic of Belarus in the field of
culture for 2018-2020.

7. MoU between M/o Petroleum & Natural Gas of
the Republic of India and Belarusian State Concern of Oil and Chemistry in the
Oil and Gas Sector.

8. MoU between JSV "Belzarubezhstroy” and
National Buildings Construction Corporation Ltd. MoU between JSC Belarusian
Potash Company and Indian Potash Ltd.

9. Agreement on the implementation of MoU signed
between OJSC Minsk Tractor Works and Kirloskar Oil Engines Ltd. India in Pune

ii. The Minister insisted on bringing
up solutions for increasing the forest cover up to a minimum of 33 % and for
the problem of weeds.

iii. He launched the “Wood is Good”
campaign. The Partnership for Land Use Science is a joint programme between
United States Agency for International Development and Ministry of Environment,
Forest and Climate Change.

iv. The aim of Forest-Plus is to
improve the capacity of Reducing Emissions from Deforestation and Forest
Degradation in India.